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Mentha futures fall 0.26 pc on profit-booking

Press Trust of India  |  New Delhi 

Amid profit-booking by speculators and subdued spot demand, mentha prices fell by 0.26 per cent to Rs 964.60 per kg in futures trade today.

At the Multi Commodity Exchange, mentha for delivery this month fell Rs 2.60, or 0.26 per cent, to Rs 964.60 per kg, with a business volume of 92 lots.

Also, mentha for May delivery drifted by 0.80 paise, or 0.08 per cent, to Rs 977 per kg, with a business turnover of 25 lots.

The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market on subdued demand.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 18 2017. 13:28 IST